Cohere deal won’t be last time feds take stake in Canadian tech companies, AI minister says

Evan Solomon says forthcoming $500-million tech fund will consider equity stakes.

Read the full story on BetaKit ↗← All news
More AI news
  1. 01AIQuebec’s Coveo buys Silicon Valley startup to help retailers sell to AI agentsCanadian firm says purchase of Anglera will boost its offerings to clients as the platform is ready to go to marketGlobe Tech ·
  2. 02AIFeds to invest up to $1.6 billion in Canadian AI company Cohere in its $7-billion fundraiseFinancial Post ·
  3. 03AIPrairiesCan minister says new regional funding shows Canada’s commitment to AIFeds adding $500 million to support AI adoption programming among small- and medium-sized businesses.BetaKit ·
  4. 04AICanada, Nvidia Back Cohere in Round at Over $20 Billion ValueBloomberg.com ·
  5. 05AIOttawa buys $1.6-billion stake in Cohere as AI firm’s valuation soars to $35.7-billionFinancing is the largest ever by a Canadian startup and would make Cohere the country’s most valuable privately held tech companyGlobe Tech ·
  6. 06AICanadian AI Startup Targets Faster Military TrainingHalldale Group ·